Same topic Authors
Quote of the day

Marriage is the best state for man in general, and every man is a worst man in proportion to the level he is unfit for marriage.

Popular Topics
Acknowledge, America, Value Of Life, Worry, Path Of Love, Subject, House, Wisdom, Curiosity, Pregnancy, Dance, Heart, Peace Love, Dress, Music, Butterfly, English, Think, Achievement, Confidence, Positive, Name, Snows, Inspiring, Children, Wonder, Knowledge, Today, Beach, Smile, Thank You, Like, Live, Gold, Quiet, Enthusiast, Life Is Good, Night, Good, Lives, Oceans, Impossible, Faith, Comfortable, Book, Feelings, Ideas, Success, Drama, Involve
Charlie Munger

The game of investing is one of making better predictions about the future than other people. How are you going to do that? One way is to limit your tries to areas of competence. If you try to predict the future of everything, you attempt too much.

Game, Games, Investing, Making, People, Trying
Same Author Quotes

Show me the incentive and I will show you the outcome

Incentive, Incentives, Outcome, Outcomes, Show, Show Me

Our biggest mistakes, were things we didn't do, companies we didn't buy.

Biggest, Biggest Mistake, Companies, Company, Mistake, Things

Assume life will be really tough, and then ask if you can handle it. If the answer is yes, you've won.

Answer, Answers, Assuming, Handle, Tough, Yes

Move only when you have an advantage. It's very basic. You have to understand the odds and have the discipline to bet only when the odds are in your favor.

Advantage, Discipline, Moving, Odds, Understand

'Crowd folly', the tendency of humans, under some circumstances, to resemble lemmings, explains much foolish thinking of brilliant men and much foolish behavior - like investment management practices of many foundations represented here today. It is sad that today each institutional investor apparently fears most of all that its investment practices will be different from practices of the rest of the crowd.

Different, Men, Practice, Practices, Thinking, Under
Similar Quotes